Bloomberg Federal Reserve officials are sticking with their pledge for patience on interest rates, shrugging off President Donald Trump’s escalating trade war and his pressure for a cut. New York Fed President John Williams and his Kansas City colleague Esther George, who vote on policy this year, acknowledged that new tariffs on Chinese imports could affect the outlook for US ...

Bloomberg ING Groep NV and UniCredit SpA are lining up advisers to explore a potential takeover of Commerzbank AG after the German lender’s talks with Deutsche Bank AG broke down last month, according to people familiar with the matter. The Dutch bank is working informally with boutique investment bank Perella Weinberg Partners, while the Italian lender is working with JPMorgan ...

Bloomberg The finance minister of Sweden wants her country’s central bank to take more factors into account than just inflation, when setting monetary policy. In Stockholm, Magdalena Andersson spoke in favour of having more explicit growth and employment targets for the Riksbank. They should be “clearer” goals in monetary policy, she said. Sweden’s central bank has been targeting inflation since ...